Three ways to fund growth. Only one moves this week.
We are a direct lender, so we have an obvious bias — which is why this page also tells you when a bank loan is the better deal. Speed, cost, collateral, paperwork: the whole picture, in a few minutes.
Move the amount. Watch the three structures react.
Same capital, three routes. Indicative figures only — final terms are quoted per file.
$14,796
per business day · ~7 months
- Total repaid
- $2,175,000
- Total cost
- $675,000
- Effective APR
- ~136%+
- Funding speed
- 24–72h
- Paperwork
- Light (bank statements)
$29,000
per month · 60 months
- Total repaid
- $1,740,000
- Total cost
- $240,000
- Effective APR
- ~6%
- Funding speed
- 2–4 days
- Paperwork
- Standard
$32,614
per month · 60 months
- Total repaid
- $1,956,818
- Total cost
- $456,818
- Effective APR
- 11%
- Funding speed
- 45–75 days
- Paperwork
- Heavy (credit, collateral, business plan)
On $1.50M, the KBK term facility costs $435,000 less than the most expensive route above — and lands in 2–4 days.
Check my eligibility — 60 secSame objective. Three very different paths.
Each one is right for someone. The question is which matches your timeline.
Classic MCA
Fast — but relentless
Fast money, then a daily sweep on every card batch until the advance clears. Factor rates of 1.35x–1.49x are common.
- Daily or weekly debits straight off your receipts
- Short horizon, typically 3 to 12 months
- Factor rates commonly 1.35x–1.49x; renewals can push higher
- Stacking pressure: multiple advances layered on one business
KBK term facility
Term structure, MCA speed
A structured term facility from our own balance sheet, $500K to $5M, rate locked on day one.
- Indicative decision in 24–48 hours on a complete file
- Predictable schedule sized on your revenue rhythm — no daily sweep
- No upfront fees, no prepayment penalty.
- Direct lender — one named advisor, who is also the underwriter
Bank loan
Cheapest — if you can wait
The cheapest headline cost — for clean audited accounts, collateral and time to spare.
- Typically 4 to 10 weeks from first meeting to release
- Heavy documentation: filed accounts, forecasts, covenants
- Collateral and personal guarantees are the norm
- Hard credit search on the business and often the director
| What matters | Classic MCA | KBK term facility | Bank loan |
|---|---|---|---|
| Decision window | 24–72h, broker-led | 24–48 hours, in-house | 4–10 weeks, committee-led |
| Release of funds | Days after approval | Once compliance clears | Weeks after approval |
| Facility size | Typically $10K–$500K, receipt-capped | $500K to $5M | Wide, credit-dependent |
| Repayment mechanic | Daily/weekly sweep on card receipts | Structured term schedule | Fixed amortising instalments |
| Documentation | Statements plus broker forms | Bank statements and KYC | Full accounts, forecasts, covenants |
| Upfront fees | Origination and broker fees common | None | Arrangement fee common |
| Re-pricing during the term | Renewals and stacking pressure | Never | Possible on covenant breach |
| Early repayment | Rarely discounted | Free, no penalty | Break costs common |
| Collateral | Receivables assignment | Case by case | Usually required |
| Who decides | An unnamed funder on a panel | Your named advisor | A credit committee you never meet |
| Your file is shopped around | Yes, 5–15 funders | Never | No |
When you should not borrow from us.
A lender that claims to be right for everyone is selling, not underwriting. Here are the cases where we will tell you to go elsewhere — and we do tell people this.
You have six to ten weeks and a bankable balance sheet — a bank will almost always be cheaper. Take the cheaper money.
You want the smallest possible headline cost and the timing of the funds does not change the outcome.
You need capital for a project with no revenue attached to it yet; our facilities are sized on trading performance.
Your requirement sits well below $500K. We would be the wrong size of lender for you.
Four situations where speed is the whole point.
The opportunity has a date on it
Stock at a discount, a site that becomes available, a supplier contract that closes this month. Capital that arrives in six weeks is capital that arrives after the decision was made for you.
The bank said no on form, not on substance
Short filing history, a recent restructure, a sector the credit committee avoids. We underwrite trading performance rather than the shape of your accounts.
Your revenue is seasonal
A rigid amortising loan punishes the quiet months. We size the schedule around your actual revenue rhythm rather than a flat calendar.
You do not want to sell equity
Growth capital without dilution, without a board seat and without a new voice in how you run the business.
Factor rate is not an interest rate. Here is the difference.
Most of the confusion around merchant cash advances comes from comparing a factor rate to a bank APR as if they were the same number. They are not.
Interest accrues. A factor does not.
A bank charges interest on the balance outstanding, so the cost changes as you repay. A factor rate fixes the total repayable the day the facility is drawn: multiply the amount by the factor and that figure never moves again.
Why the comparison misleads
Converting a factor rate into an APR assumes an interest curve that does not exist here. The honest comparison is total cash out the door, against the value of having the capital now rather than in two months.
What we never add
No upfront fees, no prepayment penalty. No arrangement fee, no origination charge, no broker commission built into your rate, and no re-pricing during the life of the facility. The number quoted in writing before you sign is the number you pay.
Illustration only, on a published facility. Your own rate depends on trading performance and is quoted in writing, once, before you sign. Facilities from $500K to $5M.
The questions people actually ask.
No obligation · no mark on your credit file
Still unsure which route fits? Let's work it out in one call.
Tell us the timeline and the number. If a bank is the better answer, we will say so.